Olenox Industries Inc. ($OLOX) reported first-quarter 2026 revenue of $285.3 thousand, down 49.6% from a year earlier. The company posted a gross loss of $200.8 thousand as expenses outpaced sales, while operating loss widened to $2.9 million.
Bottom-line results remained deeply negative, with net loss attributable to common shareholders of $3.1 million, or $(4.38) per diluted share. Cash used in operating activities totaled $1.9 million, and capital spending was modest at $31.6 thousand.
On the balance sheet, Olenox ended the quarter with $30.9 thousand in cash and cash equivalents, alongside total liabilities of $27.2 million. The stock fell 9.0% since market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Olenox Industries Inc. Hedge Fund Activity
We have seen 11 institutional investors add shares of Olenox Industries Inc. stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- XTX TOPCO LTD added 65,562 shares (+inf%) to their portfolio in Q1 2026, for an estimated $68,184
- CYGNUS CAPITAL ADVISORS, LLC added 56,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $58,240
- SCHONFELD STRATEGIC ADVISORS LLC removed 38,993 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $40,552
- UBS GROUP AG added 21,710 shares (+213.4%) to their portfolio in Q1 2026, for an estimated $22,578
- CITIGROUP INC removed 20,874 shares (-62.3%) from their portfolio in Q1 2026, for an estimated $21,708
- ENGINEERS GATE MANAGER LP removed 16,794 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $17,465
- MILLENNIUM MANAGEMENT LLC removed 10,613 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $11,037
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
